Crustacean Market

Crustacean Market Size and Share Forecast Outlook 2025 to 2035

Crustacean market is projected to grow from USD 51.0 billion in 2025 to USD 70.6 billion by 2035, at a CAGR of 3.3%. Shrimp will dominate with a 70.0% market share, while retail will lead the channel segment with a 55.0% share.

Crustacean Market Forecast and Outlook 2025 to 2035

The global crustacean market is forecasted to reach USD 70.5 billion by 2035, recording an absolute increase of USD 19.5 billion over the forecast period. The market is valued at USD 51.0 billion in 2025 and is set to rise at a CAGR of 3.3% during the assessment period.

The overall market size is expected to grow by nearly 1.4 times during the same period, supported by increasing demand for premium seafood products and health-conscious protein preferences worldwide, driving demand for specialized aquaculture technologies and increasing investments in processing expansion and cold chain capabilities globally. Environmental regulations and supply chain complexities may pose obstacles to market expansion.

Quick Stats for Crustacean Market

  • Crustacean Market Value (2025): USD 51.0 billion
  • Crustacean Market Forecast Value (2035): USD 70.5 billion
  • Crustacean Market Forecast CAGR: 3.3%
  • Leading Species in Crustacean Market: Shrimp
  • Key Growth Regions in Crustacean Market: Asia Pacific, North America, and Europe
  • Top Players in Crustacean Market: Thai Union, Maruha Nichiro, Nippon Suisan, Chinese Aquatic Group, CP Foods, Minh Phu, Ocean Beauty, Clearwater, High Liner, Cooke

Crustacean Market Market Value Analysis

Between 2025 and 2030, the market is projected to expand from USD 51.0 billion to USD 59.5 billion, resulting in a value increase of USD 8.5 billion, which represents 43.6% of the total forecast growth for the decade. This phase of development will be shaped by rising demand for premium protein sources and health-conscious dining alternatives, product innovation in aquaculture technologies and value-added processing methods, as well as expanding integration with retail distribution and foodservice supply chains. Companies are establishing competitive positions through investment in processing capabilities, cold storage systems, and strategic market expansion across retail, foodservice, and export applications.

From 2030 to 2035, the market is forecast to grow from USD 59.5 billion to USD 70.5 billion, adding another USD 11.0 billion, which constitutes 56.4% of the overall ten-year expansion. This period is expected to be characterized by the expansion of specialized applications, including premium restaurant offerings and gourmet retail products tailored for specific culinary requirements, strategic collaborations between crustacean producers and food distributors, and an enhanced focus on quality standards and traceability systems. The growing focus on premium dining experiences and high-quality protein sources will drive demand for superior crustacean products across diverse culinary applications.

Crustacean Market Key Takeaways

Metric Value
Market Value (2025) USD 51.0 billion
Market Forecast Value (2035) USD 70.5 billion
Forecast CAGR (2025-2035) 3.3%

Why is the Crustacean Market Growing?

The crustacean market grows by enabling restaurants and retailers to access premium seafood products while meeting consumer demand for high-quality protein alternatives without substantial supply chain investment. Food distributors and restaurant chains face mounting pressure to develop premium menu offerings and quality seafood selections while managing complex sourcing requirements, with specialized crustacean processing typically providing 50-65% better shelf life compared to unprocessed alternatives, making professional seafood sourcing essential for competitive positioning. The foodservice industry's need for consistent quality and species-specific processing capabilities creates demand for comprehensive supply solutions that can provide superior taste profiles, maintain consistent product standards, and ensure reliable operation without compromising food safety or customer satisfaction.

Consumer trends promoting premium dining experiences and healthy protein choices drive adoption in retail, foodservice, and hospitality applications, where product quality has a direct impact on customer satisfaction and brand reputation. Seasonal availability constraints during certain harvest periods and the expertise requirements for proper handling and storage may limit accessibility among smaller restaurants and developing regions with limited infrastructure for sophisticated cold chain management systems.

Segmental Analysis

The market is segmented by species, channel, and region. By species, the market is divided into shrimp, crab, and lobster. Based on channel, the market is categorized into retail and foodservice. Regionally, the market is divided into Asia Pacific, Europe, North America, and other key regions.

By Species, the Shrimp Segment Accounts for a Dominant Market Share

Crustacean Market Analysis By Species

The shrimp segment represents the dominant force in the market, capturing approximately 70.0% of total market share in 2025. This established species category encompasses solutions featuring versatile culinary applications and accessible pricing structures, including diverse preparation methods and broad consumer acceptance that enable superior market penetration and consumption frequency across all dining segments. The shrimp segment's market leadership stems from its superior versatility, with products capable of addressing diverse culinary requirements while maintaining consistent availability and flavor profiles across all preparation environments.

The crab segment maintains a substantial 20.0% market share, serving premium applications that require specialized handling with enhanced seasonal appeal for high-end dining and specialty retail applications. These products offer premium positioning capabilities for quality-conscious markets while providing sufficient culinary flexibility to meet gourmet and traditional demands. The lobster segment accounts for approximately 10.0% of the market, serving applications requiring specific luxury positioning or specialized premium dining parameters.

Key market advantages driving the shrimp segment include:

  • Widespread availability technology with integrated quality control that enhances supply consistency and ensures reliable sourcing throughout seasonal variations
  • Established processing methods allowing diverse culinary applications across different preparation styles without extensive specialization requirements
  • Enhanced versatility features enabling broad menu integration while maintaining nutritional benefits and flavor quality
  • Superior consumer acceptance providing optimal price-performance balance for various dining and retail applications

By Channel, the Retail Segment Accounts for the Largest Market Share

Crustacean Market Analysis By Channel

Retail applications dominate the market with approximately 55.0% market share in 2025, reflecting the critical role of home consumption in supporting premium seafood purchasing and cooking trends worldwide. The retail segment's market leadership is reinforced by increasing home cooking trends, health consciousness requirements, and rising needs for accessible premium protein alternatives in developed and emerging consumer markets.

The foodservice segment represents the second-largest channel category, capturing 45.0% market share through specialized requirements for restaurant operations, commercial food preparation, and hospitality applications. This segment benefits from growing dining experience demand that requires specific preparation requirements, presentation standards, and menu innovation protocols in commercial food markets.

Key market dynamics supporting channel growth include:

  • Retail expansion driven by home cooking trends and premium protein preferences, requiring specialized packaging solutions in consumer markets
  • Foodservice modernization trends require flexible, processed crustacean systems for competitive menu differentiation and culinary innovation
  • Integration of premium dining experiences enabling advanced culinary capabilities and restaurant positioning systems
  • Growing focus on protein quality driving demand for specialized, high-grade crustacean products without traditional preparation limitations

What are the Drivers, Restraints, and Key Trends of the Crustacean Market?

The market is driven by three concrete demand factors tied to consumer dining preferences and health consciousness trends. First, premium protein demand and health-focused eating patterns create increasing demand for high-quality seafood products, with consumer shift toward nutritious alternatives expanding 18-22% annually in major developed markets worldwide, requiring comprehensive crustacean supply infrastructure. Second, culinary sophistication and restaurant industry growth drive increased adoption of premium seafood ingredients, with many establishments implementing crustacean-based menu offerings and signature dishes by 2030. Third, technological advancements in aquaculture and processing enable more efficient and scalable production solutions that improve product quality while reducing handling costs and supply complexity.

Market restraints include environmental regulations and fishing quota limitations that can challenge market participants in maintaining consistent supply capabilities, particularly in regions where regulatory frameworks remain restrictive and uncertain. Technical complexity of proper cold chain management and handling requirements pose another significant challenge, as crustacean distribution demands specialized logistics and temperature controls, potentially affecting supply costs and operational efficiency. Quality consistency constraints across different harvesting regions create additional operational challenges for distributors, demanding ongoing investment in processing infrastructure and quality assurance programs.

Key trends indicate accelerated adoption in Asia-Pacific markets, particularly India and China, where rising disposable income and seafood consumption culture drive comprehensive crustacean product adoption. Technology integration trends toward automated processing with enhanced sorting capabilities, advanced cold storage solutions, and integrated supply chain management enable scalable distribution approaches that optimize freshness and minimize product quality risks. The market thesis could face disruption if significant changes in environmental regulations or major advances in alternative protein sources reduce reliance on traditional seafood consumption patterns.

Analysis of the Crustacean Market by Key Country

Crustacean Market Cagr Analysis By Country

Country CAGR (%)
India 4.6
China 3.8
Spain 3.1
Germany 3.0
United States 2.9
South Korea 2.8
Japan 2.7

The global market is expanding steadily, with India leading at a 4.6% CAGR through 2035, driven by rising seafood consumption, coastal aquaculture development, and expanding middle-class purchasing power. China follows at 3.8%, supported by domestic production advantages, consumption tradition, and growing export capabilities. Spain records 3.1%, reflecting strong fishing industry heritage and Mediterranean cuisine preferences. Germany advances at 3.0%, anchored by premium food culture and import market development. The United States posts 2.9%, emphasizing domestic consumption and restaurant industry growth, while South Korea grows at 2.8%, focusing on traditional seafood culture. Japan grows steadily at 2.7%, emphasizing quality and culinary precision.

India Leads Global Market Expansion

India demonstrates the strongest growth potential in the market with a CAGR of 4.6% through 2035. The country's leadership position stems from extensive coastal aquaculture development, increasing disposable income, and comprehensive seafood consumption culture driving the adoption of premium crustacean products. Growth is concentrated in major coastal and urban centers, including Mumbai, Chennai, Kolkata, and Kochi, where seafood processing facilities and retail chains are implementing advanced distribution systems for fresh and processed crustacean products. Distribution channels through coastal markets and urban retail formats expand reach across seafood consumers and premium dining segments. The country's Ministry of Fisheries provides policy support for aquaculture modernization, including comprehensive coastal development programs.

Key market factors:

  • Coastal aquaculture development concentrated in maritime states and fishing communities with comprehensive production expansion programs
  • Economic growth support through seafood export initiatives and domestic market development
  • Comprehensive fishing infrastructure ecosystem, including established coastal processing facilities with proven distribution capabilities
  • Cultural consumption patterns featuring traditional seafood preparation, coastal cuisine systems, and protein diversification trends

China Emerges as High-Growth Market

In major consumption and production centers including Shanghai, Guangzhou, Qingdao, and Dalian, the adoption of advanced aquaculture systems and seafood processing is accelerating across domestic and export segments, driven by production scaling and government fisheries development programs. The market demonstrates strong growth momentum with a CAGR of 3.8% through 2035, linked to comprehensive aquaculture modernization and increasing focus on seafood export quality. Chinese companies are implementing advanced processing systems and cold chain platforms to enhance product quality while meeting growing demand in expanding domestic and international markets. The country's Belt and Road initiatives create robust demand for seafood trade development, while increasing focus on food safety drives adoption of modern processing systems.

Key development areas:

  • Aquaculture facilities and processing centers leading crustacean production with comprehensive modernization programs
  • Export services providing integrated cold chain solutions with 90% quality compliance rates
  • Trade partnerships between Chinese producers and international distributors expanding market reach
  • Integration of modern processing technology and traditional seafood handling knowledge systems

United States Shows Consumption Leadership

Crustacean Market Country Value Analysis

The United States market expansion is driven by restaurant industry demand and consumer seafood preferences across retail and dining segments. The country demonstrates strong growth potential with a CAGR of 2.9% through 2035, supported by established foodservice infrastructure and mature distribution networks. American companies benefit from import sourcing advantages and established restaurant market presence, requiring strategic development approaches and partnerships with seafood distributors and restaurant chains. Growing premium dining trends and health consciousness create compelling business cases for crustacean adoption, particularly in restaurant segments where quality has a direct impact on customer satisfaction and market positioning.

Market characteristics:

  • Restaurant industry showing robust growth with 25% annual increase in premium seafood menu utilization
  • Consumer trends focused on health-conscious protein choices and premium dining experiences in foodservice markets
  • Import infrastructure development indicates growing demand and distribution efficiency for international seafood
  • Growing focus on menu innovation and culinary excellence in restaurant operations

Germany Demonstrates Premium Market Leadership

The Germany market leads in premium seafood consumption based on integration with gourmet food culture and high-quality ingredient preferences. The country shows strong potential with a CAGR of 3.0% through 2035, driven by the modernization of retail seafood infrastructure and the expansion of premium restaurant segments in major consumption areas, including Hamburg, Munich, Berlin, and Bremen. German consumers are adopting premium imported seafood for quality enhancement and culinary applications, particularly in regions with advanced restaurant requirements and applications demanding comprehensive product upgrades. Distribution channels through established seafood retailers and restaurant suppliers expand coverage across quality-conscious consumers and culinary applications.

Leading market segments:

  • Premium seafood modernization projects in major urban centers implementing comprehensive restaurant quality categories
  • Gourmet food partnerships with specialty retailers, achieving 92% customer satisfaction improvement rates
  • Strategic collaborations between importers and premium restaurant operators expanding market presence
  • Focus on quality certification systems and specialized handling requirements

Spain Emphasizes Maritime Tradition Leadership

In Madrid, Barcelona, Valencia, and coastal regions, consumers and restaurants are implementing premium seafood solutions to enhance existing culinary traditions and improve dining quality, with documented case studies showing a 40% increase in crustacean consumption through Mediterranean cuisine integration. The market shows strong growth potential with a CAGR of 3.1% through 2035, linked to ongoing modernization of fishing industry, restaurant networks, and emerging premium seafood adoption in major regions. Spanish businesses are adopting premium crustacean products and culinary enhancement platforms to improve dining experiences while maintaining standards demanded by quality-conscious demographics. The country's established maritime infrastructure creates ongoing demand for seafood development and modernization solutions that integrate with existing fishing and restaurant systems.

Market development factors:

  • Maritime tradition and coastal cuisine leading premium seafood adoption across Spain
  • Tourism industry programs providing widespread demand support for restaurant seafood categories
  • Strategic partnerships between Spanish seafood companies and international suppliers expanding product availability
  • Focus on culinary excellence and Mediterranean food positioning across dining applications

South Korea Emphasizes Traditional Consumption Leadership

South Korea's market demonstrates sophisticated consumption focused on traditional seafood culture and quality food preferences, with documented integration of premium imported crustaceans achieving 45% improvement in restaurant quality across dining and retail facilities. The country maintains steady growth momentum with a CAGR of 2.8% through 2035, driven by consumer focus on food quality and culinary tradition that align with Korean dining standards applied to seafood consumption. Major consumption areas, including Seoul, Busan, Incheon, and Daegu, showcase advanced retail deployment where crustacean products integrate seamlessly with existing food distribution infrastructure and comprehensive quality management programs.

Key market characteristics:

  • Retail facilities and restaurant centers driving advanced seafood requirements with focus on freshness quality and traditional preparation standards
  • Quality partnerships enabling 96% customer satisfaction with comprehensive food programs
  • Seafood collaboration between Korean distributors and international suppliers expanding premium product capabilities
  • Focus on traditional preparation requirements and quality handling methodologies

Japan Shows Quality Excellence Leadership

Japan's market demonstrates mature and precision-focused consumption, characterized by sophisticated integration of premium seafood with existing culinary infrastructure across restaurant facilities, retail networks, and specialty food initiatives. Japan's focus on culinary excellence and product precision drives demand for high-grade crustacean products that support comprehensive dining applications and presentation requirements in commercial operations. The market benefits from strong partnerships between international suppliers like Thai Union, Maruha Nichiro, and domestic seafood companies, creating comprehensive distribution networks that prioritize quality assurance and culinary satisfaction programs. Restaurant centers in major consumption regions showcase advanced seafood implementations where crustacean products achieve quality improvements through integrated handling programs.

Europe Market Split by Country

Crustacean Market Europe Country Market Share Analysis, 2025 & 2035

The crustacean market in Europe is projected to grow from USD 22.0 billion in 2025 to USD 30.8 billion by 2035, registering a CAGR of 3.4% over the forecast period. Germany is expected to maintain its leadership position with a 16.4% market share in 2025, projected to reach 16.2% by 2035, supported by its extensive premium food infrastructure, advanced seafood distribution, and comprehensive restaurant networks serving major European markets.

Spain follows with a 14.5% share in 2025, projected to reach 14.8% by 2035, driven by comprehensive coastal fishing operations in major maritime regions implementing premium seafood systems. United Kingdom holds a 14.1% share in 2025, expected to maintain 13.9% by 2035 through ongoing development of restaurant chains and premium seafood retail segments. France commands a 13.2% share, while Italy accounts for 11.4% in 2025. The Rest of Europe region is anticipated to gain momentum, expanding its collective share from 30.4% to 30.6% by 2035, attributed to increasing premium seafood adoption in Nordic countries and emerging Eastern European markets implementing restaurant development programs.

Premium Quality Drives Consumption in Japan

Crustacean Market Japan Market Share Analysis By Species

The Japanese market demonstrates a mature and quality-focused landscape, characterized by sophisticated integration of premium seafood with existing restaurant infrastructure across dining facilities, retail networks, and specialty food initiatives. Japan's focus on culinary excellence and product quality drives demand for high-grade crustacean products that support comprehensive food applications and presentation requirements in commercial operations. The market benefits from strong partnerships between international suppliers and domestic seafood companies, including established restaurant and retail providers, creating comprehensive distribution networks that prioritize quality assurance and customer satisfaction programs. Restaurant centers in major consumption regions showcase advanced seafood implementations where premium crustaceans achieve quality improvements through integrated culinary programs.

Traditional Seafood Culture Leads Market Development in South Korea

Crustacean Market South Korea Market Share Analysis By Channel

The South Korean market is characterized by strong traditional consumption patterns, with companies like established seafood distributors and restaurant operators maintaining dominant positions through comprehensive distribution networks and culinary expertise capabilities for traditional and modern applications. The market is demonstrating growing focus on quality positioning and cultural integration, as Korean consumers increasingly demand products that integrate with domestic culinary patterns and traditional food trends deployed across major urban centers and coastal regions. Local seafood companies and regional distributors are gaining market share through strategic partnerships with international suppliers, offering specialized services including culinary education programs and traditional preparation methods for quality-conscious demographics. The competitive landscape shows increasing collaboration between international crustacean suppliers and Korean culinary specialists, creating hybrid distribution models that combine global sourcing expertise with local market knowledge and cultural food relationship management.

Competitive Landscape of the Crustacean Market

Crustacean Market Analysis By Company

The market features approximately 15-25 meaningful players with moderate concentration, where the top three companies control roughly 20-30% of global market share through established processing portfolios and extensive foodservice industry relationships. Competition centers on product quality, supply reliability, and processing capability rather than price competition alone.

Market leaders include Thai Union, Maruha Nichiro, and Nippon Suisan, which maintain competitive advantages through comprehensive crustacean processing portfolios, advanced cold chain capabilities, and deep expertise in retail and foodservice sectors, creating high switching costs for customers. These companies leverage established distribution relationships and ongoing supplier partnerships to defend market positions while expanding into adjacent seafood ingredient and value-added processing applications.

Challengers encompass Chinese Aquatic Group and CP Foods, which compete through integrated aquaculture operations and strong regional presence in key production markets. Specialty processors, including Minh Phu, Ocean Beauty, and Clearwater, focus on specific species categories or vertical applications, offering differentiated capabilities in premium products, regional sourcing, and application-specific solutions.

Regional players and emerging aquaculture companies create competitive pressure through innovative processing approaches and rapid development capabilities, particularly in high-growth markets including Asia-Pacific regions, where local presence provides advantages in cost optimization and supply chain management. Market dynamics favor companies that combine advanced processing technologies with comprehensive cold chain systems that address the complete product lifecycle from harvesting through ongoing freshness assurance and customer support.

Global Crustacean Market - Stakeholder Contribution Framework

Crustacean products represent a critical protein source that enables restaurants, retailers, and food distributors to enhance menu offerings and consumer satisfaction without substantial sourcing investment, typically providing 50-65% better shelf life compared to unprocessed alternatives while ensuring premium quality and consistent flavor profiles. With the market projected to grow from USD 51.0 billion in 2025 to USD 70.5 billion by 2035 at a 3.3% CAGR, these products offer compelling advantages - superior quality, enhanced versatility, and processing efficiency capabilities - making them essential for shrimp applications (70.0% market share), retail operations (55.0% share), and diverse culinary applications seeking reliable protein solutions. Scaling market penetration and processing capabilities requires coordinated action across fisheries policy, quality standards, processing providers, food companies, and retail institutions.

How Governments Could Spur Local Development and Adoption?

  • Aquaculture Development Programs: Include crustacean farming in national fisheries development initiatives, providing targeted funding for specialized production facilities in coastal regions and supporting local fishing companies through innovation grants and development support.
  • Tax Policy & Fisheries Support: Implement accelerated depreciation schedules for crustacean processing equipment, provide tax incentives for companies investing in advanced aquaculture and processing technologies, and establish favorable fisheries accounting standards that encourage specialized crustacean production over conventional approaches.
  • Quality Framework Development: Create streamlined certification processes for crustacean products across food and retail applications, establish clear quality standards and frameworks for specialized processing, and develop international harmonization protocols that facilitate cross-border seafood trade.
  • Skills Development & Training: Fund vocational programs for aquaculture technicians, processing specialists, and food industry professionals. Invest in technology transfer initiatives that bridge fishing expertise with commercial processing development and quality optimization systems.
  • Market Access & Competition: Establish procurement policies that favor premium seafood ingredients for government facility applications, support food industry development through processing modernization programs, and create regulatory environments that encourage innovation in seafood processing technologies.

How Industry Bodies Could Support Market Development?

  • Quality Standards & Certification: Define standardized performance metrics for crustacean products across retail, foodservice, and processing applications, establish universal quality control and handling protocols, and create certification programs for product quality that companies can rely on.
  • Market Education & Best Practices: Lead messaging that demonstrates crustacean product advantages, emphasizing improved food quality, enhanced culinary versatility, and superior nutritional profiles compared to alternative protein sources.
  • Technology Integration Standards: Develop interoperability standards for processing systems, food safety compliance guidelines, and cold chain platforms, ensuring seamless integration across different food environments and regulatory requirements.
  • Professional Development: Run certification programs for processing specialists, quality technicians, and food service teams on optimizing product handling, quality compliance, and food safety in competitive foodservice markets.

How Processors and Technology Players Could Strengthen the Ecosystem?

  • Advanced Processing Development: Develop next-generation processing platforms with enhanced sorting capabilities, improved cold storage features, and species-specific characteristics that enhance product quality while reducing operational complexity.
  • Quality Management Platforms: Provide comprehensive processing software that integrates quality monitoring, traceability tracking, cold chain analytics, and supply optimization, enabling companies to maximize processing efficiency and quality compliance effectiveness.
  • Service & Support Networks: Offer flexible support programs for food companies and restaurant chains, including technical training options, quality consultation services, and supply optimization pathways that keep processing systems current with market demands.
  • Research & Development Networks: Build comprehensive R&D capabilities, collaborative processing innovation programs, and product development systems that ensure processing technologies maintain high quality standards and consistent performance across diverse food environments.

How Suppliers Could Navigate the Shift?

  • Diversified Product Portfolios: Expand crustacean offerings across shrimp applications (70.0% species dominance), retail operations (55.0% share), and foodservice applications, with particular focus on processing services and specialized solutions for commercial requirements.
  • Geographic Market Development: Establish operations in high-growth markets like India (4.6% CAGR) and China (3.8% CAGR), while strengthening presence in established markets like Spain (3.1% CAGR) and Germany (3.0% CAGR) through regional processing capabilities and local partnerships.
  • Technology-Enabled Processing: Implement advanced quality systems with real-time monitoring, automated sorting optimization, and predictive cold chain management capabilities that differentiate product offerings and improve customer satisfaction and retention.
  • Flexible Product Models: Develop standard, premium, and specialty crustacean solutions that accommodate varying food industry needs, from cost-effective ingredients to high-quality applications for demanding retail and foodservice requirements.

How Investors and Financial Enablers Could Unlock Value?

  • Processing Technology Expansion Financing: Provide growth capital for established companies like Thai Union, Maruha Nichiro, and CP Foods to expand processing capacity and development capabilities, particularly in emerging markets with growing food industry demands.
  • Innovation Investment: Back startups developing advanced aquaculture systems, next-generation processing, and intelligent cold chain technologies that enhance food industry efficiency and competitive positioning.
  • Regional Market Development: Finance market entry and expansion strategies for crustacean companies establishing operations in high-growth regions, supporting localization initiatives that reduce supply costs while maintaining quality standards.
  • Consolidation & Scale Opportunities: Support strategic acquisitions and market consolidation that create economies of scale, improve processing capabilities, and enhance competitive positioning against fragmented regional providers across multiple geographic markets.

Key Players in the Crustacean Market

  • Thai Union
  • Maruha Nichiro
  • Nippon Suisan
  • Chinese Aquatic Group
  • CP Foods
  • Minh Phu
  • Ocean Beauty
  • Clearwater
  • High Liner
  • Cooke
  • Royal Greenland
  • Grupo Nueva Pescanova
  • Omarsa
  • Bakkafrost
  • Seajoy

Scope of the Report

Items Values
Quantitative Units (2025) USD 51.0 billion
Species Shrimp, Crab, Lobster
Channel Retail, Foodservice
Regions Covered Asia Pacific, Europe, North America, Latin America, Middle East & Africa
Countries Covered India, China, USA, Germany, South Korea, Japan, Spain, and 40+ countries
Key Companies Profiled Thai Union, Maruha Nichiro, Nippon Suisan, Chinese Aquatic Group, CP Foods, Minh Phu, Ocean Beauty, Clearwater, High Liner, Cooke, Royal Greenland, Grupo Nueva Pescanova, Omarsa, Bakkafrost, Seajoy
Additional Attributes Dollar sales by species and channel categories, regional adoption trends across Asia Pacific, Europe, and North America, competitive landscape with crustacean processors and food companies, processing facility requirements and specifications, integration with retail and foodservice initiatives and distribution platforms, innovations in crustacean processing technology and cold chain systems, and development of specialized applications with quality control and processing optimization capabilities.

Crustacean Market by Segments

  • Species :

    • Shrimp
    • Crab
    • Lobster
  • Channel :

    • Retail
    • Foodservice
  • Region :

    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Australia & New Zealand
      • ASEAN
      • Rest of Asia Pacific
    • Europe
      • Germany
      • United Kingdom
      • France
      • Italy
      • Spain
      • Nordic
      • BENELUX
      • Rest of Europe
    • North America
      • United States
      • Canada
      • Mexico
    • Latin America
      • Brazil
      • Chile
      • Rest of Latin America
    • Middle East & Africa
      • Kingdom of Saudi Arabia
      • Other GCC Countries
      • Turkey
      • South Africa
      • Other African Union
      • Rest of Middle East & Africa

Table of Content

  1. Executive Summary
    • Global Market Outlook
    • Demand to side Trends
    • Supply to side Trends
    • Technology Roadmap Analysis
    • Analysis and Recommendations
  2. Market Overview
    • Market Coverage / Taxonomy
    • Market Definition / Scope / Limitations
  3. Market Background
    • Market Dynamics
      • Drivers
      • Restraints
      • Opportunity
      • Trends
    • Scenario Forecast
      • Demand in Optimistic Scenario
      • Demand in Likely Scenario
      • Demand in Conservative Scenario
    • Opportunity Map Analysis
    • Product Life Cycle Analysis
    • Supply Chain Analysis
    • Investment Feasibility Matrix
    • Value Chain Analysis
    • PESTLE and Porter’s Analysis
    • Regulatory Landscape
    • Regional Parent Market Outlook
    • Production and Consumption Statistics
    • Import and Export Statistics
  4. Global Market Analysis 2020 to 2024 and Forecast, 2025 to 2035
    • Historical Market Size Value (USD Million) Analysis, 2020 to 2024
    • Current and Future Market Size Value (USD Million) Projections, 2025 to 2035
      • Y to o to Y Growth Trend Analysis
      • Absolute $ Opportunity Analysis
  5. Global Market Pricing Analysis 2020 to 2024 and Forecast 2025 to 2035
  6. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Species
    • Introduction / Key Findings
    • Historical Market Size Value (USD Million) Analysis By Species , 2020 to 2024
    • Current and Future Market Size Value (USD Million) Analysis and Forecast By Species , 2025 to 2035
      • Shrimp
      • Crab
      • Lobster
    • Y to o to Y Growth Trend Analysis By Species , 2020 to 2024
    • Absolute $ Opportunity Analysis By Species , 2025 to 2035
  7. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Channel
    • Introduction / Key Findings
    • Historical Market Size Value (USD Million) Analysis By Channel, 2020 to 2024
    • Current and Future Market Size Value (USD Million) Analysis and Forecast By Channel, 2025 to 2035
      • Retail
      • Foodservice
    • Y to o to Y Growth Trend Analysis By Channel, 2020 to 2024
    • Absolute $ Opportunity Analysis By Channel, 2025 to 2035
  8. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Region
    • Introduction
    • Historical Market Size Value (USD Million) Analysis By Region, 2020 to 2024
    • Current Market Size Value (USD Million) Analysis and Forecast By Region, 2025 to 2035
      • North America
      • Latin America
      • Western Europe
      • Eastern Europe
      • East Asia
      • South Asia and Pacific
      • Middle East & Africa
    • Market Attractiveness Analysis By Region
  9. North America Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
    • Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
    • Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
      • By Country
        • USA
        • Canada
        • Mexico
      • By Species
      • By Channel
    • Market Attractiveness Analysis
      • By Country
      • By Species
      • By Channel
    • Key Takeaways
  10. Latin America Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
    • Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
    • Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
      • By Country
        • Brazil
        • Chile
        • Rest of Latin America
      • By Species
      • By Channel
    • Market Attractiveness Analysis
      • By Country
      • By Species
      • By Channel
    • Key Takeaways
  11. Western Europe Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
    • Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
    • Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
      • By Country
        • Germany
        • UK
        • Italy
        • Spain
        • France
        • Nordic
        • BENELUX
        • Rest of Western Europe
      • By Species
      • By Channel
    • Market Attractiveness Analysis
      • By Country
      • By Species
      • By Channel
    • Key Takeaways
  12. Eastern Europe Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
    • Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
    • Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
      • By Country
        • Russia
        • Poland
        • Hungary
        • Balkan & Baltic
        • Rest of Eastern Europe
      • By Species
      • By Channel
    • Market Attractiveness Analysis
      • By Country
      • By Species
      • By Channel
    • Key Takeaways
  13. East Asia Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
    • Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
    • Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
      • By Country
        • China
        • Japan
        • South Korea
      • By Species
      • By Channel
    • Market Attractiveness Analysis
      • By Country
      • By Species
      • By Channel
    • Key Takeaways
  14. South Asia and Pacific Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
    • Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
    • Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
      • By Country
        • India
        • ASEAN
        • Australia & New Zealand
        • Rest of South Asia and Pacific
      • By Species
      • By Channel
    • Market Attractiveness Analysis
      • By Country
      • By Species
      • By Channel
    • Key Takeaways
  15. Middle East & Africa Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
    • Historical Market Size Value (USD Million) Trend Analysis By Market Taxonomy, 2020 to 2024
    • Market Size Value (USD Million) Forecast By Market Taxonomy, 2025 to 2035
      • By Country
        • Kingdom of Saudi Arabia
        • Other GCC Countries
        • Turkiye
        • South Africa
        • Other African Union
        • Rest of Middle East & Africa
      • By Species
      • By Channel
    • Market Attractiveness Analysis
      • By Country
      • By Species
      • By Channel
    • Key Takeaways
  16. Key Countries Market Analysis
    • USA
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Species
        • By Channel
    • Canada
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Species
        • By Channel
    • Mexico
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Species
        • By Channel
    • Brazil
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Species
        • By Channel
    • Chile
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Species
        • By Channel
    • Germany
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Species
        • By Channel
    • UK
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Species
        • By Channel
    • Italy
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Species
        • By Channel
    • Spain
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Species
        • By Channel
    • France
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Species
        • By Channel
    • India
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Species
        • By Channel
    • ASEAN
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Species
        • By Channel
    • Australia & New Zealand
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Species
        • By Channel
    • China
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Species
        • By Channel
    • Japan
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Species
        • By Channel
    • South Korea
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Species
        • By Channel
    • Russia
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Species
        • By Channel
    • Poland
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Species
        • By Channel
    • Hungary
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Species
        • By Channel
    • Kingdom of Saudi Arabia
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Species
        • By Channel
    • Turkiye
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Species
        • By Channel
    • South Africa
      • Pricing Analysis
      • Market Share Analysis, 2024
        • By Species
        • By Channel
  17. Market Structure Analysis
    • Competition Dashboard
    • Competition Benchmarking
    • Market Share Analysis of Top Players
      • By Regional
      • By Species
      • By Channel
  18. Competition Analysis
    • Competition Deep Dive
      • Thai Union
        • Overview
        • Product Portfolio
        • Profitability by Market Segments (Product/Age /Sales Channel/Region)
        • Sales Footprint
        • Strategy Overview
          • Marketing Strategy
          • Product Strategy
          • Channel Strategy
      • Maruha Nichiro
      • Nippon Suisan
      • Chinese Aquatic Group
      • CP Foods
      • Minh Phu
      • Ocean Beauty
      • Clearwater
      • High Liner
      • Cooke
      • Royal Greenland
      • Grupo Nueva Pescanova
      • Omarsa
      • Bakkafrost
      • Seajoy
  19. Assumptions & Acronyms Used
  20. Research Methodology

List Of Table

  • Table 1: Global Market Value (USD Million) Forecast by Region, 2020 to 2035
  • Table 2: Global Market Value (USD Million) Forecast by Species , 2020 to 2035
  • Table 3: Global Market Value (USD Million) Forecast by Channel, 2020 to 2035
  • Table 4: North America Market Value (USD Million) Forecast by Country, 2020 to 2035
  • Table 5: North America Market Value (USD Million) Forecast by Species , 2020 to 2035
  • Table 6: North America Market Value (USD Million) Forecast by Channel, 2020 to 2035
  • Table 7: Latin America Market Value (USD Million) Forecast by Country, 2020 to 2035
  • Table 8: Latin America Market Value (USD Million) Forecast by Species , 2020 to 2035
  • Table 9: Latin America Market Value (USD Million) Forecast by Channel, 2020 to 2035
  • Table 10: Western Europe Market Value (USD Million) Forecast by Country, 2020 to 2035
  • Table 11: Western Europe Market Value (USD Million) Forecast by Species , 2020 to 2035
  • Table 12: Western Europe Market Value (USD Million) Forecast by Channel, 2020 to 2035
  • Table 13: Eastern Europe Market Value (USD Million) Forecast by Country, 2020 to 2035
  • Table 14: Eastern Europe Market Value (USD Million) Forecast by Species , 2020 to 2035
  • Table 15: Eastern Europe Market Value (USD Million) Forecast by Channel, 2020 to 2035
  • Table 16: East Asia Market Value (USD Million) Forecast by Country, 2020 to 2035
  • Table 17: East Asia Market Value (USD Million) Forecast by Species , 2020 to 2035
  • Table 18: East Asia Market Value (USD Million) Forecast by Channel, 2020 to 2035
  • Table 19: South Asia and Pacific Market Value (USD Million) Forecast by Country, 2020 to 2035
  • Table 20: South Asia and Pacific Market Value (USD Million) Forecast by Species , 2020 to 2035
  • Table 21: South Asia and Pacific Market Value (USD Million) Forecast by Channel, 2020 to 2035
  • Table 22: Middle East & Africa Market Value (USD Million) Forecast by Country, 2020 to 2035
  • Table 23: Middle East & Africa Market Value (USD Million) Forecast by Species , 2020 to 2035
  • Table 24: Middle East & Africa Market Value (USD Million) Forecast by Channel, 2020 to 2035

List Of Figures

  • Figure 1: Global Market Pricing Analysis
  • Figure 2: Global Market Value (USD Million) Forecast 2020-2035
  • Figure 3: Global Market Value Share and BPS Analysis by Species , 2025 and 2035
  • Figure 4: Global Market Y to o to Y Growth Comparison by Species , 2025-2035
  • Figure 5: Global Market Attractiveness Analysis by Species
  • Figure 6: Global Market Value Share and BPS Analysis by Channel, 2025 and 2035
  • Figure 7: Global Market Y to o to Y Growth Comparison by Channel, 2025-2035
  • Figure 8: Global Market Attractiveness Analysis by Channel
  • Figure 9: Global Market Value (USD Million) Share and BPS Analysis by Region, 2025 and 2035
  • Figure 10: Global Market Y to o to Y Growth Comparison by Region, 2025-2035
  • Figure 11: Global Market Attractiveness Analysis by Region
  • Figure 12: North America Market Incremental Dollar Opportunity, 2025-2035
  • Figure 13: Latin America Market Incremental Dollar Opportunity, 2025-2035
  • Figure 14: Western Europe Market Incremental Dollar Opportunity, 2025-2035
  • Figure 15: Eastern Europe Market Incremental Dollar Opportunity, 2025-2035
  • Figure 16: East Asia Market Incremental Dollar Opportunity, 2025-2035
  • Figure 17: South Asia and Pacific Market Incremental Dollar Opportunity, 2025-2035
  • Figure 18: Middle East & Africa Market Incremental Dollar Opportunity, 2025-2035
  • Figure 19: North America Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 20: North America Market Value Share and BPS Analysis by Species , 2025 and 2035
  • Figure 21: North America Market Y to o to Y Growth Comparison by Species , 2025-2035
  • Figure 22: North America Market Attractiveness Analysis by Species
  • Figure 23: North America Market Value Share and BPS Analysis by Channel, 2025 and 2035
  • Figure 24: North America Market Y to o to Y Growth Comparison by Channel, 2025-2035
  • Figure 25: North America Market Attractiveness Analysis by Channel
  • Figure 26: Latin America Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 27: Latin America Market Value Share and BPS Analysis by Species , 2025 and 2035
  • Figure 28: Latin America Market Y to o to Y Growth Comparison by Species , 2025-2035
  • Figure 29: Latin America Market Attractiveness Analysis by Species
  • Figure 30: Latin America Market Value Share and BPS Analysis by Channel, 2025 and 2035
  • Figure 31: Latin America Market Y to o to Y Growth Comparison by Channel, 2025-2035
  • Figure 32: Latin America Market Attractiveness Analysis by Channel
  • Figure 33: Western Europe Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 34: Western Europe Market Value Share and BPS Analysis by Species , 2025 and 2035
  • Figure 35: Western Europe Market Y to o to Y Growth Comparison by Species , 2025-2035
  • Figure 36: Western Europe Market Attractiveness Analysis by Species
  • Figure 37: Western Europe Market Value Share and BPS Analysis by Channel, 2025 and 2035
  • Figure 38: Western Europe Market Y to o to Y Growth Comparison by Channel, 2025-2035
  • Figure 39: Western Europe Market Attractiveness Analysis by Channel
  • Figure 40: Eastern Europe Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 41: Eastern Europe Market Value Share and BPS Analysis by Species , 2025 and 2035
  • Figure 42: Eastern Europe Market Y to o to Y Growth Comparison by Species , 2025-2035
  • Figure 43: Eastern Europe Market Attractiveness Analysis by Species
  • Figure 44: Eastern Europe Market Value Share and BPS Analysis by Channel, 2025 and 2035
  • Figure 45: Eastern Europe Market Y to o to Y Growth Comparison by Channel, 2025-2035
  • Figure 46: Eastern Europe Market Attractiveness Analysis by Channel
  • Figure 47: East Asia Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 48: East Asia Market Value Share and BPS Analysis by Species , 2025 and 2035
  • Figure 49: East Asia Market Y to o to Y Growth Comparison by Species , 2025-2035
  • Figure 50: East Asia Market Attractiveness Analysis by Species
  • Figure 51: East Asia Market Value Share and BPS Analysis by Channel, 2025 and 2035
  • Figure 52: East Asia Market Y to o to Y Growth Comparison by Channel, 2025-2035
  • Figure 53: East Asia Market Attractiveness Analysis by Channel
  • Figure 54: South Asia and Pacific Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 55: South Asia and Pacific Market Value Share and BPS Analysis by Species , 2025 and 2035
  • Figure 56: South Asia and Pacific Market Y to o to Y Growth Comparison by Species , 2025-2035
  • Figure 57: South Asia and Pacific Market Attractiveness Analysis by Species
  • Figure 58: South Asia and Pacific Market Value Share and BPS Analysis by Channel, 2025 and 2035
  • Figure 59: South Asia and Pacific Market Y to o to Y Growth Comparison by Channel, 2025-2035
  • Figure 60: South Asia and Pacific Market Attractiveness Analysis by Channel
  • Figure 61: Middle East & Africa Market Value Share and BPS Analysis by Country, 2025 and 2035
  • Figure 62: Middle East & Africa Market Value Share and BPS Analysis by Species , 2025 and 2035
  • Figure 63: Middle East & Africa Market Y to o to Y Growth Comparison by Species , 2025-2035
  • Figure 64: Middle East & Africa Market Attractiveness Analysis by Species
  • Figure 65: Middle East & Africa Market Value Share and BPS Analysis by Channel, 2025 and 2035
  • Figure 66: Middle East & Africa Market Y to o to Y Growth Comparison by Channel, 2025-2035
  • Figure 67: Middle East & Africa Market Attractiveness Analysis by Channel
  • Figure 68: Global Market - Tier Structure Analysis
  • Figure 69: Global Market - Company Share Analysis

- FAQs -

How big is the crustacean market in 2025?

The global crustacean market is estimated to be valued at USD 51.0 billion in 2025.

What will be the size of crustacean market in 2035?

The market size for the crustacean market is projected to reach USD 70.6 billion by 2035.

How much will be the crustacean market growth between 2025 and 2035?

The crustacean market is expected to grow at a 3.3% CAGR between 2025 and 2035.

What are the key product types in the crustacean market?

The key product types in crustacean market are shrimp, crab and lobster.

Which channel segment to contribute significant share in the crustacean market in 2025?

In terms of channel, retail segment to command 55.0% share in the crustacean market in 2025.

Crustacean Market